• Wherever a literal is specified, a figurative constant can be substituted.

• If the item is numeric, all VALUE clause literals must be numeric. If the literal defines the value of a Working-Storage item, the literal is aligned according to the rules for numeric moves, with one additional restriction: The literal must not have a value that requires truncation of nonzero digits. If the literal is signed, the associated PICTURE character-string must contain a sign symbol (S).

• All numeric literals in a VALUE clause of an item must have a value that is within the range of values indicated by the PICTURE clause for that item. For example, for PICTURE 99PPP, the literal must be within the range 1000 through 99000, or zero. For PICTURE PPP99, the literal must be within the range 0.00000 through 0.00099.

• If the item is an elementary or group alphabetic, alphanumeric, alphanumeric-edited, or numeric-edited item, all VALUE clause literals must be nonnumeric literals. The literal is aligned according to the alphanumeric alignment rules, with one additional restriction: the number of characters in the literal must not exceed the size of the item.

• The functions of the editing characters in a PICTURE clause are ignored in determining the initial appearance of the item described. However, editing characters are included in determining the size of the item. Therefore, any editing characters must be included in the literal. For example, if the item is defined as PICTURE +999.99 and the value is to be +12.34, then the VALUE clause should be specified as VALUE "+012.34".

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